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ASHTF (Ashtead Group) Cyclically Adjusted Price-to-FCF : 34.32 (As of Jun. 03, 2025)


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What is Ashtead Group Cyclically Adjusted Price-to-FCF?

As of today (2025-06-03), Ashtead Group's current share price is $58.35. Ashtead Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 was $1.70. Ashtead Group's Cyclically Adjusted Price-to-FCF for today is 34.32.

The historical rank and industry rank for Ashtead Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASHTF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 27.66   Med: 70.83   Max: 1721
Current: 30.35

During the past years, Ashtead Group's highest Cyclically Adjusted Price-to-FCF was 1721.00. The lowest was 27.66. And the median was 70.83.

ASHTF's Cyclically Adjusted Price-to-FCF is ranked worse than
75.87% of 373 companies
in the Business Services industry
Industry Median: 16.22 vs ASHTF: 30.35

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Ashtead Group's adjusted free cash flow per share data for the three months ended in Jan. 2025 was $0.964. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.70 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashtead Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ashtead Group's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ashtead Group Cyclically Adjusted Price-to-FCF Chart

Ashtead Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.91 72.67 47.20 43.08 51.07

Ashtead Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.33 51.07 46.45 45.37 38.73

Competitive Comparison of Ashtead Group's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Ashtead Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ashtead Group's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashtead Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ashtead Group's Cyclically Adjusted Price-to-FCF falls into.


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Ashtead Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Ashtead Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=58.35/1.70
=34.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ashtead Group's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, Ashtead Group's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.964/135.1000*135.1000
=0.964

Current CPI (Jan. 2025) = 135.1000.

Ashtead Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201504 0.362 99.900 0.490
201507 -0.432 100.000 -0.584
201510 -0.195 100.300 -0.263
201601 0.051 99.900 0.069
201604 0.355 100.600 0.477
201607 -0.136 100.900 -0.182
201610 0.068 101.600 0.090
201701 0.213 101.800 0.283
201704 0.663 103.200 0.868
201707 0.127 103.500 0.166
201710 -0.040 104.400 -0.052
201801 0.403 104.500 0.521
201804 0.555 105.500 0.711
201807 0.132 105.900 0.168
201810 -0.086 106.700 -0.109
201901 0.128 106.400 0.163
201904 0.801 107.600 1.006
201907 0.414 108.000 0.518
201910 0.210 108.300 0.262
202001 0.385 108.300 0.480
202004 1.128 108.600 1.403
202007 1.236 109.200 1.529
202010 1.084 109.200 1.341
202101 0.720 109.300 0.890
202104 0.975 110.400 1.193
202107 0.926 111.400 1.123
202110 0.029 113.400 0.035
202201 0.655 114.600 0.772
202204 0.851 119.000 0.966
202207 0.191 121.200 0.213
202210 0.122 124.300 0.133
202301 0.296 124.800 0.320
202304 0.502 128.300 0.529
202307 -0.335 129.000 -0.351
202310 -0.512 130.200 -0.531
202401 -0.313 130.000 -0.325
202404 1.544 132.200 1.578
202407 0.341 132.900 0.347
202410 0.549 134.300 0.552
202501 0.964 135.100 0.964

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ashtead Group  (OTCPK:ASHTF) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Ashtead Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Ashtead Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashtead Group Business Description

Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Ashtead is an equipment rental business with operations in the US, Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the US where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.